autocar-logo
Delhi

Government launches initiative to manufacture EV batteries and components

The national mission will aid transformative mobility and implement phased manufacturing programmes (PMP) for five years, till 2024.
2 min read10 Mar '19
Autocar India News DeskAutocar India News Desk

The 'National Mission on Transformative Mobility and Battery Storage' has now been approved by the Union cabinet, under the chairmanship of Prime Minister Narendra Modi. The mission will consist of an inter-ministerial steering committee chaired by the CEO of NITI Aayog to promote clean, connected, shared, sustainable and holistic mobility initiatives.

The national mission will finalise and implement strategies for transformative mobility and phased manufacturing programmes (PMP) for a five-year period till 2024 for electric vehicles (EVs), EV components and batteries. It will also finalise the details of PMP for the EV ecosystem and drive its implementation. The government says details of the value addition that can be achieved with each phase of localisation will be finalised by the mission with a clear ‘Make in India’ strategy for EV components as well as battery technologies.

A phased roadmap to implement battery manufacturing at a giga-scale will initially focus on large-scale module- and pack-assembly plants by 2019-20 – to be followed by integrated cell manufacturing by 2021-22. The details of the PMP for batteries shall also be formulated by the mission, which will also ensure holistic and comprehensive growth in India's battery-manufacturing industry.

The body will also coordinate with key stakeholders in ministries/departments and states to integrate various initiatives aimed at transforming mobility in India. In this regard, these actions will benefit citizens at large, as the aim of the programme is to promote ‘ease of living’ and enhance people's quality of life and also create employment opportunities through ‘Make in India’ across a range of skill sets.

The aim of the initiative is to send the industry a clear signal and make the investments needed to localise the EV value chain.

NILESH WADHWA

Ferrari F8 Tributo showcased at the 2019 Geneva motor show

Ferrari has publically debuted the F8 Tributo at the 2019 Geneva motor show, after having revealed the 488 GTB’s replacement just last week
1 min read9 Mar '19
Autocar India News DeskAutocar India News Desk

10 most expensive cars on sale in India

Every year, the Geneva motor show springs a few surprises; and this year, Bugatti wowed the world with the revelation of the world’s most expensive new car – the Bugatti La Voiture Noire &...
3 min read9 Mar '19
Soham ThakurSoham Thakur

Why PSA chose Citroen over Peugeot for India

A little over two years ago, French car conglomerate PSA Group announced its plans to enter India through a joint venture with the CK Birla Group
2 min read9 Mar '19
Autocar India News DeskAutocar India News Desk

Mercedes-Benz Concept EQV MPV debuts at 2019 Geneva motor show

The Mercedes-Benz Concept EQV made its debut at the 2019 Geneva motor show, previewing the German carmaker’s first electric MPV
1 min read8 Mar '19
Autocar India News DeskAutocar India News Desk

Up to Rs 80,000 off on Hyundai Grand i10, Xcent, Elantra, Tucson

During the month of March 2019, Hyundai dealers at multiple locations across India are offering discounts and benefits on a large selection of models
3 min read8 Mar '19
Rivan RS Rivan RS
Government launches initiative to manufacture EV batteries and components - Introduction | Autocar India